Newton Golf Company Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw an 18% revenue decline due to manufacturing upgrades, but strong demand and a $1.2M backlog signal robust future growth. Operational improvements, new product launches, and expanded distribution position the company for a record 2026.
Fiscal Year 2025
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Record 2025 revenue grew 136% to $8.1M, led by direct-to-consumer and fitter channels, while net loss narrowed. Gross margin dipped due to labor costs but is expected to recover. Early 2026 orders are strong, and OEM partnerships and international expansion are underway.
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Q3 saw 113% revenue growth and strong gross margins, with robust demand across all channels and international expansion. The company reaffirmed 2025 revenue guidance and is investing in OEM, retail, and innovation, while maintaining a flexible capital strategy.
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Q2 revenue and gross profit more than doubled year-over-year, driven by strong demand and successful new product launches. Gross margin expanded to 68%, and full-year revenue guidance was raised. The company is focused on scaling operations, international growth, and achieving profitability by 2026.
Fiscal Year 2024
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Rapid revenue growth and strong gross margins are driven by innovative golf shafts and putters, U.S.-based manufacturing, and expanding retail and direct-to-consumer channels. Strategic international expansion and tour presence support multi-year growth targets.